TLDR
- Chinese e-commerce giant Alibaba led MetaComp’s Pre-A+ funding round, contributing to a total $35 million raised over two separate funding events within three months.
- In 2025, MetaComp facilitated more than $10 billion in transaction volume and over-the-counter trades utilizing 13+ different stablecoins.
- The capital injection brings MetaComp’s total liquidity reserves above $100 million for international payment settlements.
- MetaComp plans to deploy its StableX Network across Asian markets, Middle Eastern regions, African territories, and Latin American countries.
- This investment marks Alibaba’s offshore crypto bet while China maintains strict domestic stablecoin prohibitions.
Alibaba’s financial commitment to MetaComp signals a growing trend of major Chinese technology firms channeling investments into compliant stablecoin frameworks abroad — while Beijing continues enforcing stringent cryptocurrency regulations domestically.
On Friday, MetaComp — a Singapore-registered company specializing in integrated stablecoin and traditional fiat payment systems — announced the completion of its Pre-A+ investment round with Alibaba serving as the primary investor. This funding constitutes part of a combined $35 million capital raise executed through two separate rounds over a 90-day period.
Alibaba Group Holding Limited, BABA
Spark Venture, a European venture capital firm focused on early-stage investments, also participated in this latest funding cycle. The Beijing-headquartered investment firm 100Summit Partners acted as the exclusive financial advisor for the transaction.
The initial funding phase — a $22 million Pre-A round — reached closure in December 2025. That earlier round attracted investment from Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital.
According to MetaComp, the fresh capital infusion elevates its aggregate available liquidity beyond the $100 million threshold for facilitating international settlement transactions.
The platform successfully processed more than $10 billion in combined payment transactions and over-the-counter trading volume across over 13 distinct stablecoins throughout 2025. Notably, MetaComp also achieved full-year net profitability during that period — a financial milestone relatively uncommon among cryptocurrency-related enterprises.
What MetaComp Actually Does
Established in 2018, MetaComp provides services to institutional financial entities and wealthy private clients. The company delivers integrated fiat currency and stablecoin payment capabilities while also providing access to conventional and blockchain-tokenized asset management products.
Its regulatory-compliant subsidiary, Alpha Ladder Finance, holds a Monetary Authority of Singapore (MAS) license and oversees more than $500 million in institutional client assets.
The newly secured funding will fuel the growth of the StableX Network — a distributed ledger technology platform that links regulated banking institutions, stablecoin creators, and affiliated partners to enable instantaneous settlement capabilities.
The network has set its sights on geographical expansion throughout Asia, the Middle East, Africa, and Latin America.
Co-president Tin Pei Ling characterized the company’s technological framework as a “Web2.5 architecture” — an integrated system where conventional banking infrastructure and blockchain-based stablecoin networks function as a unified platform instead of operating as disconnected systems.
Legacy payment infrastructures, she emphasized, suffer from extended multi-day settlement timeframes and elevated transaction costs, representing precisely the market inefficiency that MetaComp aims to eliminate.
Alibaba’s Crypto Bet From the Outside
Alibaba’s involvement carries significant implications when examined within the regulatory landscape. Chinese corporations operate under restrictive regulations concerning stablecoin operations within their home jurisdiction. In February 2026, Chinese governmental authorities reaffirmed that neither foreign nor domestic enterprises may issue yuan-pegged stablecoins without obtaining official authorization.
Nevertheless, Alibaba had previously been reported exploring deposit-token technologies for deployment in international transaction scenarios — making this investment strategically aligned with that trajectory.
BABA stock experienced a 1.53% decline on Friday.
Industry forecasts from Standard Chartered and comparable financial institutions project the global stablecoin market will reach $2 trillion valuation by 2028.
MetaComp’s successful fundraising represents one component of an accelerating trend of institutional capital flowing into cross-border stablecoin settlement infrastructure throughout the Southeast Asian region.



